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21 Colonial Way, Machias, ME, 04654

4beds
2baths
1,464sqft
$175,000
$120price/sqft
$1,354/moest. monthly cost
$54,160/yrincome needed

About This Home

Excellent opportunity to own a versatile two-unit property in the heart of Machias! Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or create a mixed-use property, this duplex offers flexibility and income potential in a highly convenient in-town location. The property features two separate 2-bedroom, 1-bath apartments, each with its own entrance and dedicated off-street parking. The first-floor unit offers convenient single-level living with a spacious living room, eat-in kitchen, full bath, and two bedrooms. The second-floor unit, accessed by a private exterior staircase, includes an open living and dining area, kitchen, full bath, and two bedrooms. Located just minutes from the University of Maine at Machias, Down East Community Hospital, shopping, restaurants, and downtown businesses, the property is well-positioned to attract long-term tenants. The first-floor unit has also previously been used for commercial purposes, offering additional possibilities for those seeking a live/work space or business opportunity (subject to local regulations). Whether you're an experienced investor or purchasing your first income property, this is a chance to own a well-located duplex in one of Downeast Maine's commercial and educational hubs. Enjoy nearby attractions including Roque Bluffs State Park, Jasper Beach, the Bold Coast Trail, and the many outdoor recreation opportunities that make the Machias area such a desirable place to live.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

6/10
Rose M Gaffney SchoolGrades PK-80.4 mi
1/10

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Pillar/Post/Pier,Slab
  • Roof: Composition,Flat,Rolled/Hot Mop,Shingle
  • Construction materials: Wood Frame,Clapboard

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Laminate,Tile,Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,464

Heating & Cooling

  • Heating features: Baseboard,Hot Water,Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 1,464
  • Total interior livable area: 1,464 sqft

Property

Details

  • Parcel number: 21ColonialWayMachias04654
  • Zoning: None
  • Other equipment: Internet Access Available

Features

  • Levels: Multi/Split
  • Stories: 2

Lot

  • Lot size: 3,920 sqft
  • Features: Business District,City Lot,Near Golf Course,Near Public Beach,Near Shopping,Level

Parking

  • Parking features: Gravel,5 - 10 Spaces,On Site,Off Street